Spotify Technology SPOT reported its Q2 earnings results on Wednesday, July 27, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Spotify Technology missed estimated earnings by 40.0%, reporting an EPS of $-0.91 versus an estimate of $-0.65.
Revenue was up $244.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 6.22% increase in the share price the next day.
Here's a look at Spotify Technology's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.25 | -0.48 | -0.22 | -0.45 |
EPS Actual | 0.24 | -0.24 | -0.48 | -0.23 |
Revenue Estimate | 2.83B | 3.00B | 2.85B | 2.72B |
Revenue Actual | 2.99B | 3.08B | 2.95B | 2.81B |
To track all earnings releases for Spotify Technology visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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